Alamo Group Inc (ALG)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 149,628 | 155,408 | 163,232 | 172,438 | 175,120 | 173,138 | 163,203 | 153,987 | 134,310 | 121,072 | 115,175 | 111,807 | 109,498 | 96,410 | 96,130 | 79,586 | 78,137 | 78,934 | 74,718 | 84,429 |
| Revenue (ttm) | US$ in thousands | 1,628,513 | 1,660,732 | 1,679,075 | 1,703,466 | 1,689,651 | 1,658,713 | 1,607,862 | 1,563,382 | 1,513,616 | 1,464,185 | 1,433,703 | 1,385,039 | 1,334,223 | 1,285,674 | 1,239,122 | 1,160,207 | 1,163,466 | 1,175,031 | 1,155,101 | 1,171,652 |
| Pretax margin | 9.19% | 9.36% | 9.72% | 10.12% | 10.36% | 10.44% | 10.15% | 9.85% | 8.87% | 8.27% | 8.03% | 8.07% | 8.21% | 7.50% | 7.76% | 6.86% | 6.72% | 6.72% | 6.47% | 7.21% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $149,628K ÷ $1,628,513K
= 9.19%
The pretax margin of Alamo Group Inc has shown a fluctuating trend over the past few quarters. Starting at 7.21% on March 31, 2020, the pretax margin decreased slightly to 6.47% by the end of June 2020. It then increased to 6.72% by September 2020, remaining at the same level by the end of December 2020.
From March 2021, there was a gradual improvement in pretax margin, with percentage figures reaching 8.21% by December 2021. The trend continued positively into 2022, peaking at 8.87% by December 31, 2022.
In the following quarters of 2023, the pretax margin experienced a notable increase, hitting 10.44% by September 30, 2023. However, by the end of December 2024, the pretax margin had slightly declined to 9.19%.
Overall, the pretax margin of Alamo Group Inc has shown fluctuations throughout the period under review, with some quarters demonstrating significant improvements while others experienced slight decreases. This suggests varying levels of efficiency in generating profits before accounting for taxes.
Peer comparison
Dec 31, 2024